LATAM Airlines Group (LATAM Airlines Group) Total Aircraft in Service # : 336.00 (As of Mar. 2024)

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What is LATAM Airlines Group Total Aircraft in Service #?

Total Aircraft in Service # is an indicator which measures the capacity of airlines.

LATAM Airlines Group's Total Aircraft in Service # for the quarter that ended in Mar. 2024 was 336.00 , which is higher than 333.00 for the pervious quarter ended in Dec. 2023.

LATAM Airlines Group's Total Aircraft in Service # for the annual that ended in Dec. 2023 was 313.00 , which is higher than 310.00 for the pervious year ended in Dec. 2022.

The historical rank and industry rank for LATAM Airlines Group's Total Aircraft in Service # or its related term are showing as below:

LATAM Airlines Group's Aircraft Leased # for the quarter that ended in Mar. 2024 was 145.00 , which is higher than 144.00 for the pervious quarter ended in Dec. 2023.

LATAM Airlines Group's Aircraft Leased # for the annual that ended in Dec. 2023 was 143.00 , which is lower than 192.00 for the pervious year ended in Dec. 2022.

LATAM Airlines Group's Aircraft Owned # for the quarter that ended in Mar. 2024 was 191.00 , which is higher than 189.00 for the pervious quarter ended in Dec. 2023.

LATAM Airlines Group's Aircraft Owned # for the annual that ended in Dec. 2023 was 170.00 , which is higher than 118.00 for the pervious year ended in Dec. 2022.

LATAM Airlines Group Total Aircraft in Service # Historical Data

The historical data trend for LATAM Airlines Group's Total Aircraft in Service # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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LATAM Airlines Group Total Aircraft in Service # Chart

LATAM Airlines Group Annual Data

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Total Aircraft in Service #

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Aircraft Owned #

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Aircraft Leased #

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LATAM Airlines GroupQuarterly Data

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Total Aircraft in Service #

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Aircraft Owned #

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Aircraft Leased #

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Competitive Comparison of LATAM Airlines Group's Total Aircraft in Service #

For the Airlines subindustry, LATAM Airlines Group's Total Aircraft in Service #, along with its competitors' market caps and Total Aircraft in Service # data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

LATAM Airlines Group (OTCPK:LTMAY) Total Aircraft in Service # Explanation

Total Aircraft in Service # might be directly purchased or leased by the airline. Instead of spending large amounts of money on buying aircrafts, some airlines opt to lease aircrafts from an aircraft lessor. For example, lessors purchase planes from manufacturers like Airbus and Boeing and lease them to airlines for a monthly rental over a fixed period.

There are two main reasons for airlines to lease instead of buy: to operate aircraft without the financial burden of buying them, and to provide a temporary increase in capacity. The airline industry has two main leasing types: wet-leasing, also known as short-term lease, and dry-leasing, which is more normal for longer-term leases.

LATAM Airlines Group Total Aircraft in Service # Related Terms

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LATAM Airlines Group (LATAM Airlines Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LATAM Airlines Group SA (OTCPK:LTMAY) » Definitions » Total Aircraft in Service #

Comparable Companies

Traded in Other Exchanges

LFL:Germany LTM:Chile

Address

Avenida Presidente Riesco No. 5711, 20th Floor, Las Condes, Santiago, CHL

Website

https://www.latamairlinesgroup.net

LATAM Airlines Group SA operates as a passenger airline group. Geographically, the company operates in Brazil, Chile, Colombia, Ecuador, and Peru, along with international operations within Latin America and to Europe, the US, and the Caribbean. The firm generates its revenue from transporting passengers and cargo.